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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Proactive news headlines: hVIVO, Feedback, Learning Tech, Tungsten West and more

CentralNic Group PLC (AIM:CNIC) has said it is to acquire a portfolio of revenue-generating niche websites in a US$5.2mln deal which is expected to be immediately earnings accretive.

The company said the deal is expected to complete immediately, will be financed from available liquidity, and the assets are expected to generate at least US$1.9mln of annualised revenue and US$1.4mln of annualised EBITDA.

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Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) said it has completed a preliminary maiden resource estimate for the Gilar deposit in Azerbaijan, which contains over 135,000 ounces of gold, 21,500 tonnes of copper, and 23,000 tonnes of zinc.

The resource estimate was compiled by an independent consultant and is based on stage one drilling. It is not, at this stage, JORC compliant.

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Tirupati Graphite PLC (LSE:TGR, OTCQX:TGRHF) (TG) has clarified some details of the agreement with Battery Metals Limited to acquire the entire issued share capital of its subsidiary Suni Resources SA owing to some questions received from investors in relation to the shareholder loans amounting to around A$29 million that will be assigned to the company.

TG said it will not be assuming any external debt as a result of the acquisition and it will not have any obligation in respect of repayment of or the payment of interest in respect of any third-party debt upon completion as a result of the acquisition of Suni Resources.

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hVIVO PLC (AIM:HVO) said it has published previously reported data from the first-in-human phase I clinical study using mosquito vaccine AGS-v PLUS in e=BioMedicine. a peer-reviewed, open-access biomedical journal that is part of The Lancet Discovery Science.

In a statement, Yamin 'Mo' Khan, hVIVO’s chief executive, commented: “The data demonstrated that AGS-v PLUS was well tolerated and generated a robust immune response in participants, with no serious adverse events.

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i3 Energy PLC (AIM:I3E, TSX:ITE, OTC:ITEEF) has confirmed the appointment of Ryan Heath to its board as an executive director, as previously announced. Heath joined the company in 2020 as it acquired production assets in Canada. “is knowledge and experience have been central to our successful growth in Canada and his counsel will be critical to our continued growth in that market," chief executive Majid Shafiq said in a statement.

Savannah Resources has published to its website a new corporate video which gives an up to date overview of the company and its Barroso lithium project.

MetalNRG PLC (LSE:MNRG) has given notice in a statement for a general meeting of shareholders, following a previously announced requisition, and, said it is recommending shareholders vote against the proposed resolutions. It will take place on Wednesday 11 January, at midday.

Tlou Energy Ltd (AIM:TLOU, ASX:TOU, BSE:TLOU) gave notice in a statement for a general meeting of shareholders, to hold a vote necessary to approve its recently announced A$3mln equity placing. It is due to take place on Wednesday 18 January.

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